Leading energy commodities dropped, while precious metals rallied during the past week. The US dollar depreciated against leading currencies such as Euro and Japanese yen during last week. This week several reports, speeches and events will come to fruition including:…
Gold and silver continued to zigzag throughout last week, but their jump on Wednesday was enough to maintain their weekly prices elevated. The recent depreciation of the US dollar against leading currencies including Japanese yen and Euro may have contributed…
Barrick Gold (NYSE: ABX), unlike its peers such as Goldcorp (NYSE: GG) and Yamana Gold (NYSE: AUY), expects to cut its production in 2014. Moreover, the company slashed by half its capital expenditure. These decisions were made to avoid potential…
The price of silver resumed its downward trend during last week mainly on Friday. What’s next for the silver market? Let’s analyze the recent news that may affect silver (SLV). The decline of the price of silver has reflected in…
The prices of gold and silver moved in an unclear trend during last week. Their prices started off strong at the beginning of the week only to change course and plunge at the end of the week. Several U.S reports…
The commodities markets rallied mainly at the end of the week including stocks and energy commodities following the publication of the U.S NF payroll report, in which a higher than anticipated number of jobs were added in February. This week…
Gold and silver market moved in an unclear trend during last week. Their rally at the beginning of the week changed course and tumbled down at the end of the week following the U.S non-farm payroll report. The recent reports…
According to the latest Bureau of Labor Statistics monthly report, total U.S. employment grew as many had anticipated: Based on the ADP update, private non-farm payroll rose by 139k during February: In the last U.S. employment report, which was published…
Royal Gold (NASDAQ: RGLD) has made several decisions in the past several months to increase its output. Is the company’s production expected to rise in 2014? Also, what are the perils the company may face in regards to its production? 2014…
The price of silver changed direction and fell during last week. What’s up ahead for the silver market? Let’s examine the recent news that may affect silver (SLV). The recent fall of the price of silver has reflected in the…